Rising awareness tends to enhance the market for digestive health products

Market - Mohit Shah - Oct 17,2017

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rising awareness tends to enhance the market for digestive health products

The growing adoption of modern dietary developments by a growing urban consumer demographic is spotted as a vital aid for the global digestive health products market.

Digestive health products are a range of food items designed to improve the functioning of the digestive tract in human beings. It is interesting to know that, various components of the digestive tract need significant maintenance due to their gentle nature and maintaining their well-being with the offering of digestive health products has grown as a key healthcare trend across the globe.

At present, the increasing awareness among people about the digestive health and innovative products, is seen a major influential factor motivating the growth of the digestive health products market. As per research analytics, the global digestive health products market was valued at US$68.8 bn in 2017. It is further anticipated to rise at a steady CAGR of 3.9% until 2022.

Across developing countries, the increasing availability of healthcare information on the internet and the increasing emphasis of healthcare agencies on outreach programs is likely to lift healthcare awareness among the population. This has subsequently helped the digestive health products market in these regions.

Focusing on the geographical expanse, North America is likely to remain the dominant contributor in the global digestive health products market in the near future. This regional market is expected to reach a valuation of US$29.4 bn by 2022, therefore presenting a steady 3.7% CAGR between 2017 and 2022. Apart from this, the activeness of the various manufacturers is also a significant reason for the growth of the digestive health products sector. Leading companies include Yakult Honsha Co. Ltd., E. I. Nestle SA, Danone SA, Chr. Hansen Holding, DuPont Nemours and Company, Arla Foods Inc., Cargill Inc., General Mills, Mondelez International Inc. and PepsiCo Inc.

 

For more information on this report visit- https://www.mrrse.com/digestive-health-products-market